Danish Povlsen family’s Bestseller in UK Asos Top Shop deal, German family-controlled Bertelsmann mulls sale of French media group M6, Google co-founder Sergey Brin joins billionaire rush for Singapore family offices.
Danish Povlsen family Bestseller in UK Asos Top Shop deal
Anders Holch Povlsen, the second-generation Danish online retail billionaire, is behind the £295 million ($403 million) acquisition for UK high street names Topshop, Topman and Miss Selfridge.
Billionaire Ray Dalio to set up family office in Singapore, Gregg Lemkau quits Goldman Sachs to advise Michael Dell's investments, next-generation chairman Koo Kwang-mo shakes up LG Corporation.
Billionaire Ray Dalio to set up family office in Singapore
Ray Dalio, founder of the world’s largest hedge fund, is the latest billionaire to open a family office in Singapore.
Dalio, 71, the US investor who founded Bridgewater Associates in his New York apartment in 1975, felt it was “high time” to build on his links to Singapore and Asia-Pacific, his spokesman said.
Founder’s great-grandson takes chair as Lego builds in China, billionaire “hotpot queen” chooses Singapore for her new family office and next-gen James Murdoch joins the fight against fake news.
Founder’s great-grandson takes chair as Lego builds in China
Thomas Kirk Kristiansen (pictured), a fourth generation member of Lego’s founding family, has taken over the role of chairman as the Danish toy giant announces record sales.
